Media.net is privately held, backed by certain funds managed by Ashmore Investment Management Limited, a subsidiary of Ashmore Group plc (ASHM:LN) and Directi Group. It has over 400 employees in key operation centers across - Austin, Dubai, Mumbai & Bangalore. In the United States, Media.net operates primarily from Austin, TX. Since its founding, Media.net has constantly broken new ground in building innovative contextual advertising solutions. Media.net powers the Yahoo! Bing Network Contextual Ads program. Media.net exclusively manages technology, business operations and relationships with respect to publishers worldwide for this program.